May’s DeFi Hack Tally Grows as Verus Bridge Reportedly Loses $11.58 Million
Summary
The Verus-Ethereum Bridge has reportedly fallen victim to a security breach, resulting in the theft of approximately $11.58 million in digital assets. Security firms Blockaid and PeckShield identified the suspicious activity, noting that the attacker drained various tokens—including tBTC, ETH, and USDC—which were subsequently consolidated into a single wallet. This incident adds to an increasing number of DeFi exploits occurring in May 2026, contributing to a monthly loss total exceeding $20 million across multiple protocols.
(Source:BeInCrypto)